New Construction sFR Sold by the Jacksonville Property Team for $264k
Property Type:
New Construction
Purchase Price: $264,900
Gross Rent: $1,625
Cap Rate (year 1): 5.6
Cash Flow (year 1): $3,760
| Loan type | 75% LTV 10/6 ARM @ 3.750% with 3_95 Pts |
|---|---|
| Purchase Price: | $264,900 |
| Down payment: | $66,225 |
| Purchase cost: | $15,795 |
| Total cash invested: | $82,020 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,625 |
| Principal & interest: | $920 |
| Taxes: | $331 |
| HOA: | n/a |
| Insurance: | $61 |
| Property management: | $0 |
| Total monthly cost: | $1,312 |
| Monthly cashflow (year 1): | $313 |
| annual cashflow: | $3,760 |
